| Account Type | Minimum Deposit | Spread Type | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | Fixed | None | 1:500 | Beginners |
| ECN | $500 | Variable | $3/lot | 1:200 | Experienced |
| Pro | $1,000 | Variable | $2/lot | 1:100 | Professionals |
| Islamic | $100 | Fixed | None | 1:500 | Muslim Traders |
| Demo | N/A | Fixed | None | 1:500 | All Levels |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: Variable (from 0.1 pips)
Pro: 0.5 pips
Islamic: Same as Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $3/lot
Pro: $2/lot
Islamic: None
Demo: None
Lot Size:
Standard: 1 lot
ECN: 0.1 lot
Pro: 1 lot
Islamic: 1 lot
Demo: 1 lot
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: ECN
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance for practice, same features as Standard Account.
Standard Account:
User-friendly interface
Low minimum deposit
Fixed spreads
ECN Account:
Direct market access
Lower spreads
Suitable for scalping
Pro Account:
Tightest spreads
Lower commissions
Advanced trading tools
Islamic Account:
Compliant with Sharia law
No swap fees
Similar features to Standard Account
Demo Account:
Risk-free trading
Access to all trading instruments
Ideal for practice
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Requires a higher initial investment
More complex for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than Pro accounts
Demo Account:
No real profits
Limited duration for practice
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check specific restrictions.
Prohibited Countries: Countries under sanctions may be restricted.
Identity Verification Documents Needed:
Government-issued ID (passport, drivers license)
Proof of residence (utility bill, bank statement)
Additional Documentation for Professional Accounts:
Proof of income or financial statements may be required.
KYC/AML Compliance Procedures:
All accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Typically, account verification takes 1-3 business days.
Desktop vs Mobile Registration Differences:
Registration processes are similar, but mobile may have simplified steps.
Common Registration Issues and Solutions:
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delay.
Solution: Contact customer support for assistance.
Average Account Approval Time: 1-3 business days.
How to Upgrade/Downgrade Account Types: Contact customer support for assistance with changing account types.
Explore broker markets account types: forex/trading accounts with demo access.